New product launches and partnerships, collaborations and agreements are the key strategies adopted by leading market players to foster their growth in the global data center physical security market.
In 2015, the global data center physical security market was dominated by Honeywell (U.S.), Bosch (Germany), Morpho (Safran) (France), and ASSA ABLOY (Sweden); these companies are expected to lead the market in the next five years as well. These companies provide a wide products and solutions portfolio including a range of surveillance solutions, support and after sales services. These companies market their products across North America, Europe, Central America, Middle East and Africa, and Asia. The companies’ wide range of products and solutions offerings coupled with their wide geographic presence enables them to maintain the leading position in the data center physical security market. Furthermore, the company focuses on Research and Development (R&D) of innovative products as its key business strategy to ensure growth in the global data center physical security market.
Besides, global major data center security solutions and service providers, there are many other small players which have emerged in the global data center physical security market. Over the past five years, the companies have been focusing on strategic acquisitions, agreements, and joint ventures as their key business strategies in order to increase their share in the data center physical security market.
In the global data center physical security market, leading players are adopting the strategies of new product and solutions launches, partnerships, agreements, collaborations, joint ventures, acquisitions, and expansions. Market players adopted these strategies to access new technologies, expand their product portfolios, enter the growing markets, and to increase their market shares. In addition to the top market players, companies such as Hikvision (China), Dahua Technology (China), and Axis Communication (Sweden), also primarily focus on launching new products and solutions, strategic agreements, partnerships, and collaborations to widen their customer base.
Major strategic developments are taking place in the field of data center logical security market, which exhibit high-growth potential in the near future.
Related Reports:
Data Center Physical Security Market by Solution Types (Video Surveillance, Monitoring and Access Control), by Service Types (Consulting, System Integration and Professional Services) - Global Forecasts up to 2020
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